As companies lay off even more workers, they could be making a big mistake in the way they’re doing it

Despite brightening economic data — slowing inflation, low unemployment, and a seemingly nonexistent recession — the new year has started off with layoffs. So far in January, Citigroup announced it was cutting 10% of its workforce; within tech, Google cut hundreds of jobs across its engineering and hardware teams, while Amazon reduced headcount in its Prime, Twitch, Audible and other entertainment divisions. Even the NFL has offered voluntary buyouts to at least 200 employees.  READ MORE